Additionally, there will be a push towards interoperability and standardization in IoT platforms. This will allow different devices and platforms to seamlessly communicate with each other, creating a more connected and cohesive ecosystem. There are several types of IoT platforms that cater to different aspects of the Internet of Things ecosystem.

  • By now, it should be clear that there are many benefits to leveraging commercially available IoT platforms.
  • Internet of Things (IoT) can be defined as devices that are connected via the internet using sensors, actuators, and network communication technologies to interconnect people and machines.
  • There are numerous IoT applications in farming[75] such as collecting data on temperature, rainfall, humidity, wind speed, pest infestation, and soil content.
  • It’s one of the reasons why the IoT platform market, which is still relatively young and evolving, is one of strategic partnerships, platforms of platforms and mergers and acquisitions.
  • You can think of these platforms as the middleman between the data collected at the edge and the user-facing SaaS or mobile application.

It can distribute programmable logic to run where it is most effective such as edge, gateway, phone, server, cloud, etc. The platform help you to create new efficiencies and value propositions with simplified distributed or edge computing solutions. Google Cloud IoT platform provides a complete solution for collecting, processing, analyzing, and visualizing IoT data in real time to support operational efficiency.

IoT Platforms Competitive Landscape 2021

It supports multiple communication protocols, including MQTT, AMQP, Stomp, and others. The platform helps with the device and asset management, and also has a multitenancy support for your project. You can share the data with multiple applications, create separate data storage for the tenants, etc.

What types of IoT platforms are there

At the forefront of the tech industry since 2017, Natallia is devoted to her motto – to write about complicated things in an easily comprehensible manner. With her passion for writing as well as excellent research and interviewing skills, she shares valuable knowledge on various IT trends.

Product digitalization

In the context of IoT, and due to the IoT device being connected, much of the device management is handled remotely over-the-air (OTA). Ultimately, the value of the Internet of Things is not the devices — it’s the data they gather and the insights they can provide. The platform offers cloud function tools, data analytics, dashboard visualizations, device management tools, BI events, alarm engine, and end-user authentication or access to give the operators the data they need. Ubidots IoT platform deploys custom applications with the company’s branding, URLs, customized alert messages, and languages. The services included in the scope of the research study are training and consulting, system integration and deployment, and support and maintenance.

What types of IoT platforms are there

Manufacturing machinery and devices used for energy management are a part of the industrial Internet of Things. Billions of devices are connected to the internet, collecting and sharing information with one another. They range from smart home setups like cooking appliances and smoke detectors to military-grade surveillance equipment. IoT device platforms give you the hardware components you need at the developer stage to build an IoT device. You’ll want to select a device platform based on where you are in the development process. Early on, it’s best to look for off-the-shelf hardware to help you speed up the prototyping process.

Receive, store, and route your data

IoT devices come in different types and use different communication protocols, which can make it difficult to ensure seamless connectivity and data exchange. Lastly, there are industry-specific platforms that are tailored to specific sectors such as healthcare, agriculture, or manufacturing. These platforms offer industry-specific functionalities and protocols to meet the unique requirements of each sector. Overall, the diverse range of IoT platforms ensures that there is a solution available for every IoT application and industry. There are many types of platforms and the above breakdown is only intended to present some of the services that these platforms can offer.

According to MachNation, total IoT platform revenue will reach USD3.3 billion in 2018, a growth of 89 percent in comparison with 2017. There are hundreds of players in this space now, some of them admittedly rather self-proclaimed IoT platform vendors. At first glance, it might seem that all IoT platforms are basically the same because there’s a list of somewhat standard things an IoT platform should do. But if you dig deeper, there are always some nuances that make the specific IoT platform either unsuitable or perfect for your project. Supporting the most popular communication protocols, ThingsBoard is standard, all-rounder open IoT platform.

Best IoT Platforms – By Deployment

These mechanisms are placed in place to ensure that each system as part of an IoT ecosystem meets its capacity, from organizational monitoring to time-sensitive behaviour in reaction to incidents and observations. Companies will create and execute these collections of rules using an IoT platform and apply specific rules if appropriate to the distributed devices. Through implementing and refining IoT activities over time, consumers may change the parameters for each system based on tests and evolving business requirements.

What types of IoT platforms are there

your organization is in the early stages of development, be on the lookout for
platforms that offer “lego-like” components and workflows that can
help you quickly build and iterate on new systems. Once you’re scaling up, you
need to focus on systems which make provisioning and maintaining those systems
as automatic and reliable as possible. An IoT platform is a type of middleware, acting as a mediator between hardware (devices or iot platform vendors sources of data) and various IoT application layers. Node-RED is a visual tool for wiring together hardware devices, APIs (Application Programming Interfaces), and online services. Able to run on Raspberry Pi, it gives developers the means to connect devices, services, and APIs using a browser-based flow editor. Open source projects are often but not always free of charge, with some offerings coming with fairly hefty price tags.

The different types of IoT platforms

It also offers a bevy of solutions that can be deployed on the edge networks with vast industrial applications including rail, mining, facilities, healthcare, smart cities, energy, and oil and gas. Supporting a genuine no-code interface, ClearBlade makes development tasks very easy as the solution offers a genuine plug-and-play experience. They also facilitate seamless integration among different devices and systems, enabling businesses to create a unified and efficient IoT ecosystem. This integration allows for real-time monitoring, automation, and remote control of devices, leading to increased productivity and cost savings. Additionally, the availability of IoT SaaS platforms allows businesses to customize their solutions according to their specific needs and requirements. Lastly,  M2M IoT Connect offers a comprehensive set of tools and services for connecting and managing IoT devices.

Usually, IoT platforms have a programming environment where users may create certain programs, or at least lay the foundations, with little to no technical coding. A variety of systems provide different levels of software assistance, allowing for specific modifications with a greater degree of programming. The device management platform secures the internet connection of IoT-enabled devices.

Communications Service Provider (CSP) IoT Peer Benchmarking 2020

Factors such as geographic footprint, effectiveness of growth strategy, and technology innovation have been considered while rating the business strategy excellence section of the company. Nick has launched several
successful online businesses, writes for Forbes, published a book and has grown
accelerate from a UK based agency to a company that now operates across US,
APAC and EMEA. With
so much data coming from different devices and customers running different
software versions, data might need a lot of complex formatting to fit on one
unified database. Depending on where you are as a business, you
might need to use one or all of them to get the results you desire. From 2015 to 2019, the number of publicly known IoT platforms more than doubled from 260 to 620.